Income Tax Lawyers in Northport, Alabama

Income Tax Attorneys in Northport, AL

Find the Right Lawyer Now

In Northport, Alabama, an income tax is imposed on a certain percentage of the income of all individuals and businesses. Typically, income from all sources may be taxed. The federal government has the authority to impose an income tax thanks to the 16th Amendment to the U.S. Constitution, enacted in 1916 after the Supreme Court had, on more than one occasion, found a federal income tax to be unconstitutional. Of course, before and after the creation of the federal income tax, states, including Alabama were allowed to impose income taxes of their own.

Everyone in the United States must pay the federal income tax. However, you only have to pay the state income tax of the state in which you reside. You should speak with an accountant or tax lawyer in Northport, Alabama if you aren't clear about what system your state has.

You may have heard rumors that the income tax is unconstitutional, and one's requirement to pay the federal income tax can be argued in court. However, this position relies on fringe constitutional arguments which have never been adopted by any U.S. court. If you refuse to pay your federal income tax in Northport, Alabama, you will face criminal charges.

Income Tax Deductions in Northport, Alabama

A tax deduction is a reduction in one's taxable income. For example, if a person makes $50,000 per year, and receives a $2,000 tax deduction, they will only have to pay taxes on the remaining $48,000.

Don't confuse a tax deduction with a tax credit. A tax credit simply lowers your tax bill by the amount of the credit. A tax credit normally reduces your tax bill more than a reduction of the same amount.

Many common expenses in Northport can be deducted from your taxable income. They include mortgage interest, charitable contributions (if property documented, of course), the price of tax advice, union dues, and many others.

If one's state has an income tax, some of these expenses may be deductible from your state taxes, as well, but that depends on the law of Alabama.

Find a Northport Lawyer that Specializes in Your Area of Need:

How Can A Northport, Alabama Tax Attorney Help?

Income tax law can get fairly complex in Northport, Alabama. If you have any questions about your income tax liability, you should not hesitate to speak with a tax lawyer sooner, rather than later.

1 Tax Law cases posted to LegalMatch lawyers in Northport

Income Tax Attorneys in the Largest AL Cities

Show Alabama Cities

Income Tax Lawyers in Other Alabama Cities and Towns


Find the Right Lawyer Now

Top Rated Lawyers

View attorney profiles and see how other LegalMatch users rate attorneys that may respond to your case.

Bankruptcy, Banking and Credit Lawyer
LegalMatch Bankruptcy, Banking and Credit Lawyer Walter M.

Walter M.

Bankruptcy, Banking and Credit

Rating (2 users) *****

 

See Reviews
Bankruptcy, Banking and Credit Lawyer
LegalMatch Bankruptcy, Banking and Credit Lawyer Brian D.

Brian D.

Bankruptcy, Banking and Credit

Rating (5 users) ****

 

See Reviews
Bankruptcy, Banking and Credit Lawyer
LegalMatch Bankruptcy, Banking and Credit Lawyer William A.

William A.

Bankruptcy, Banking and Credit

Rating (1 users) *****

 

See Reviews
Bankruptcy, Banking and Credit Lawyer
LegalMatch Bankruptcy, Banking and Credit Lawyer Bradley S.

Bradley S.

Bankruptcy, Banking and Credit

Rating (13 users) *****

 

See Reviews

Need a Bankruptcy Lawyer?

No obligation - Lawyers compete for your case. Choose your issue & get started now:

[an error occurred while processing this directive]